Tags: Revolut
Revolut’s Bold Move: €1 Billion Investment in France and Banking License Application
Revolut plans to establish its new western European headquarters in Paris, aiming to create at least 200 jobs in France. As its largest EU market,…
Revolut Ties Employee Bonuses to Risky Behavior: What You Need to Know
In 2020, Revolut introduced the Karama system, a points-based framework for monitoring employee behavior that influences bonuses and promotes compliance. As of the 2024 annual…
Rippling Pressures Revolut to Disclose Who Settled Deel’s Alleged ‘Spy’ Payment
The legal conflict between Rippling and Deel has intensified with the involvement of Revolut, amid allegations of corporate espionage. Rippling employee Keith O’Brien claimed Deel…
Revolut Revolutionizes HR Tech: Unleashing AI-Powered Hiring and Performance Solutions
Revolut, the digital banking FinTech, is enhancing its recruitment and performance review processes with innovative AI tools. These advancements, integrated into its internal People platform,…
Revolut Faces Record Fine in Lithuania for Compliance Violations: A Major Regulatory Setback
Revolut, a leading London-based FinTech firm, has been fined €3.5 million by Lithuania’s central bank, marking the largest penalty ever imposed by the authority. The…
Revolut Faces €3.5 Million Fine from Lithuanian Central Bank Over AML Compliance Issues
The Bank of Lithuania has fined Revolut, a major European banking player, after an investigation revealed deficiencies in its monitoring of business relationships and customer…
Revolut Expands Team and Initiates Testing for Upcoming UK Banking Transition
In July, Revolut secured its UK banking licence, allowing it to offer loans, overdrafts, and mortgages. The company is in the ‘mobilisation’ phase, a 12-month…
Revolut and Visa Take Legal Action Against PSR’s Fee Cap Plan: A Financial Showdown
The UK’s Payment Systems Regulator (PSR) plans to impose a price cap on interchange fees charged by Visa and Mastercard to UK merchants for online…
Central Bank Demands Licensing for Revolut to Operate in Ukraine’s Financial Market
In February, Revolut announced that Ukrainian residents could open a European account, raising compliance concerns with Ukrainian banking regulations. The National Bank of Ukraine (NBU)…
Revolut Reveals: Women Investors Outperform Men by 4% in 2024, Bridging the Investment Gap
In 2024, data from Revolut shows that women outperformed men in investment returns by four percent, reflecting a significant shift in the investment landscape. Women…
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